I made an addition to the previous trading idea of working / learning on this instrument as the price broke through the support of the inner channel and the downtrend developed. Entry # 2 into a short position after breaking the support of the inner channel was confirmed. Trading with the trend. I have shown potential reversal areas in an existing trend on the...
It is also worth noting that the coin is relevant for trading now! Now we are in an important zone from which long-term movement is decided! I chose the LTC / BTC pair as an example for positional trading. This coin works perfectly technically. To Bitcoin, the coin is held in a horizontal channel from the very beginning of trading. I think you understand that...
IT LOOKS LIKE IT BREAK TREND LINE TO DOWNWARD , SO FOR ME THIS WILL BE SHORT BCOZ BTCUSD IS FALLING.......
Hello dear Litecoin traders, hope you're doing well guys! ;) As we talked already about the Alts, also LTC got completely crushed, which you could've perfetly shorted with out partner Bybit! ;) If you didn't make 20% profits at least yesterday, there is something wrong. Check our link in the description and have fun watching! ;) If you had some value from my...
Very similar to XRP, LTC is also descending, although I'd like to see another bounce in this case building lower Highs, since we have touched the bottom only with the wicks the second time on the 4H. The hourly is more accurate in that sense. If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to...
Continuing our trade review series with LTC, I'm gonna show you the actual trade where I was triggered in yesterday and how I played it, including journaling the trade, which is crucial. Have fun watching! ;) If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to...
If you had a $30k account size, you just made $3k in one hour , taking a high probability trade , as I had posted the setups since Sunday, constantly stressing how important this break is gonna be. LTC, just like EOS, broke around 10% until the lows. So instead of being the pig, who eats everything in front of him (aka constantly overtrading on the 15min or...
Dear Litecoin traders, let's first have a look at the last analysis: => We perfectly upheld the purple rectangle as support. The difference of Litecoin's H&S pattern to BTC's is first of all the neckline, which is much wider in the range. So the break of 95 would first of all have to see follow-through underneath 92. Once that zone is broken though, we could...
Hello dear LTC traders, hope you're doing well guys! ;) LTC/USD did hardly move after the break of the EQ, the reason is rather in the LTC/BTC chart, where we've broken down out of the 4H Bear Flag, and still have downside potential. I'm gonna show you in this tutorial how to reconise S&R zones with the LTC/BTC chart. Have fun watching! ;) If you had some...
Just a quick mention on something interesting I stumbled across while constructing my long term LTCBTC strategy. During the 2015 recovery phase after the bear market, Litecoin started rising aggressively prior to Bitcoin and led cryptos into the start of the new bull market. At some point it pulled back considerably and BTC started gaining momentum and lead the...
Litecoin showing great setup of Re-Accumulation (Bull-Flag) and you can find this chart easy to use on other assets where you can find Descending Wedges. My previous Litecoin analysis was posted on January 23 2019, achieved about 45% profits so far, and still active targets.
Hi guys, I wanted to study the Litecoin chart, because I think it's a really interesting coin to trade. I will once again use my Bands Indicator , and will update later if I find any other good TA. Previous analysis for Bitcoin here and for Ethereum here . So let's dive into the High Timeframes : 4H Trend is bullish for now. I don't see any bear signal...
Litecoin & EOS have a positive correlation with time delay
Bullish Hammer A hammer is a type of bullish reversal candlestick pattern, made up of just one candle, found in price charts of financial assets. The candle looks like a hammer, as it has a long lower wick and a short body at the top of the candlestick with little or no upper wick. Please not that the candle needs to close for the signal to be valid. You can...
Hello My Soon to be extremely wealthy friends! I am going to be providing you a free educational course on technical analysis. Whilst your learning technical analysis to keep things exciting we are going to make money off our trades and I mean real money. I am going to teach you (free of charge) the ins and outs of everything you need to know to ensure you can...